China's Economic Recovery Slow but Steady as Consumer Spending Rises, While Real Estate Remains a Drag

• China's economic recovery is happening slowly due to unwillingness to take on debt or spur inflation

• Chinese consumer spending is picking up in areas like restaurants and travel

• Investors can gain China exposure through US multinationals like Apple and Starbucks

• Key China growth sectors to focus on are domestic consumption, clean tech, semiconductors

• Real estate weighs on recovery but Chinese government won't allow crisis in the sector